Financial markets

Supporters of Ekrem Imamoglu, the candidate of the secular opposition Republican People's Party, CHP, celebrate in central Istanbul, Sunday, June 23, 2019. In a blow to Turkish President Recep Tayyip Erdogan, Imamoglu declared victory in the Istanbul mayor's race for a second time Sunday after Binali Yildirim, the government-backed candidate conceded defeat in a high-stakes repeat election. (AP Photo/Lefteris Piarakis)
June 24, 2019 - 2:00 am
ISTANBUL (AP) — Turkey's lira currency has opened higher against the U.S. dollar after a repeat election for mayor in Istanbul ended months of uncertainty with a landmark opposition win in the country's largest city. The dollar traded at 5.717 lira Monday, up nearly 2%, hours after opposition...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, June 24, 2019. Shares were wavering in Asia on Monday as investors watched for movement in the China-U.S. trade dispute ahead of a meeting between Presidents Donald Trump and Xi Jinping planned for later this week in Osaka, Japan, at the Group of 20 summit. (AP Photo/Eugene Hoshiko)
June 23, 2019 - 11:40 pm
BANGKOK (AP) — Shares were wavering in Asia on Monday as investors watched for movement in the China-U.S. trade dispute ahead of a meeting between Presidents Donald Trump and Xi Jinping planned for later this week in Osaka, Japan, at the Group of 20 summit. Japan's Nikkei 225 index gained 0.2% to...
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FILE- This May 11, 2012, file photo, shows a Capital One Bank office, in New York. All 18 of the nation's largest and most complex banks are strong enough to withstand a severe economic downturn and would be able to stay in business without collapsing, the Federal Reserve said Friday, June 21, 2019. Capital One, which has a large commercial banking business, was the most negatively impacted by the Fed's scenario but still remained more than well capitalized under the Fed's qualifications (AP Photo/Mark Lennihan, File)
June 21, 2019 - 4:27 pm
NEW YORK (AP) — All 18 of the nation's largest and most complex banks are strong enough to withstand a severe economic downturn and would be able to stay in business without collapsing, the Federal Reserve said Friday. The results are from the first round of the central bank's annual stress tests,...
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FILE - In this June 11, 2019, file photo specialist Anthony Rinaldi talks with colleagues on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 21. (AP Photo/Richard Drew, File)
June 21, 2019 - 1:12 pm
Major U.S. stock indexes moved mostly lower in afternoon trading Friday as a weeklong rally fizzled out a day after the market hit an all-time high. The benchmark S&P 500 index was still on track to notch its third straight weekly gain following four consecutive weekly losses. Trading was muted...
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A currency trader reads documents at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 21, 2019. Shares retreated in Asia on Friday after a broad rally for stocks drove the S&P 500 index to an all-time high as weak manufacturing data from Japan helped dampen investor sentiment. (AP Photo/Ahn Young-joon)
June 21, 2019 - 4:45 am
BANGKOK (AP) — Shares opened higher in Europe on Friday after mostly declining in Asia despite the S&P 500 index's record high overnight close. Germany's DAX added 0.4% to 12,400.10 while the CAC 40 in Paris climbed 0.6% to 5,566.15. Britain's FTSE 100 rose 0.3% to 7,445.33. U.S. shares looked...
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Trader Joseph Lawler works on the floor of the New York Stock Exchange, Thursday, June 20, 2019. (AP Photo/Richard Drew)
June 20, 2019 - 4:02 pm
Wall Street capped a broad rally for stocks Thursday by driving the S&P 500 index to an all-time high. The milestone, which eclipsed the benchmark index's last record close on April 30, underscores a swift rebound for the market in June that has erased the losses from a 6.6% dive in May. The...
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Chinese investors monitor stock prices at a brokerage house in Beijing, Thursday, June 20, 2019. Asian shares were higher on Thursday, with the Shanghai benchmark up 2.6%, after the Federal Reserve reaffirmed that it’s prepared to cut interest rates if needed to shield the U.S. economy from trade conflicts or other threats. (AP Photo/Mark Schiefelbein)
June 20, 2019 - 6:59 am
BANGKOK (AP) — Global markets advanced Thursday on hopes for a trade truce between the United States and China and the Federal Reserve's hint at lower rates. The price of oil surged amid heightened tensions between Iran and the U.S. Confirmation of a meeting between President Donald Trump and his...
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Senate Minority Leader Chuck Schumer, D-N.Y., talks to reporters at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 19, 2019 - 7:37 pm
WASHINGTON (AP) — Trump administration bargainers offered a one-year budget freeze and said Democratic spending demands remained too high as talks with congressional leaders aimed at averting deep cuts in defense and domestic programs seemed no closer to resolution Wednesday. After White House...
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FILE - In this June 2, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File)
June 19, 2019 - 2:56 pm
WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged Wednesday but signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats. The Fed kept its benchmark rate — which influences many consumer and business...
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FILE - In this June 4, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. The slightest hint that the Federal Reserve might lower interest rates often puts investors in a buying mood, stoking their expectations of greater stock market returns. But it doesn’t always work that way. (AP Photo/Kiichiro Sato, File)
June 19, 2019 - 1:02 pm
WASHINGTON (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 2:00 p.m. The Federal Reserve is leaving its key interest rate unchanged but signaling that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other...
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